Archive for Management

TIGHTEN YOUR BELT

TIGHTEN YOUR BELT

By Bonita de Wet Building the business of the future means ditching an “open chequebook” approach in favour of a money-saving approach to boost your business’s bottom line. Here are a few tips to help you make some significant savings and move your business forward….

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DIRECTOR’S DUTIES: WHAT IS EXPECTED?

DIRECTOR’S DUTIES: WHAT IS EXPECTED?

The new Companies Act, 2008 (the Act), which came into effect on May 1, 2011, has to a certain extent codified the duties of directors and sets out these duties in order to achieve maximum accountability. As a director you need to be aware of…

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HOW TO WRITE A WINNING BUSINESS PLAN

HOW TO WRITE A WINNING BUSINESS PLAN

Most prospective business owners believe they need only prepare a business plan if they intend approaching funders. But the truth is that every business owner should compile a plan that includes both short- and long-term goals, as well as targets. A business plan is your…

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MANAGING YOUR BUSINESS BANK ACCOUNT

MANAGING YOUR BUSINESS BANK ACCOUNT

The next logical step after properly registering your business is to open up a bank account in the new company’s name. Remember you are now a totally separate entity from your business and as such you cannot (and should not) mix the monies of the…

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5 THINGS GOOD BOSSES DO

5 THINGS GOOD BOSSES DO

It can be easy to slip into a “what have you done for me lately” mind set with employees, and to forget what really makes your business turn. Simply expressing your appreciation will have a far-reaching impact on the personal development, motivation and productivity of…

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GETTING BUSINESS FUNDAMENTALS RIGHT

GETTING BUSINESS FUNDAMENTALS RIGHT

Many small and medium accounting practices (SMPs), in their efforts to establish themselves in a crowded marketplace, cultivate an air of service excellence and client focus. While clients no doubt appreciate the personal touch, SMP owners must keep in mind that being competitive requires getting…

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LOW-COST WAYS TO REWARD EMPLOYEES

LOW-COST WAYS TO REWARD EMPLOYEES

Research shows that feeling appreciated – which comes from recognition from others – is one of the top three drivers of employee engagement. Great news is that showing appreciation doesn’t have to cost tons of time or money: – A sincere word of thanks is…

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HOW TO MAKE YOUR SMALL PRACTICE A BIG SUCCESS – Management Tips

HOW TO MAKE YOUR SMALL PRACTICE A BIG SUCCESS – Management Tips

Today, small- and medium-sized practices (SMPS) are confronted by a range of operational, market, and regulatory challenges. Regulation and the pace of regulatory changes are among the top challenges for both SMPs and their small- and medium-sized entity (SME) clients. Despite the challenges, SMPs can…

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DECODING LEADERSHIP – WHAT REALLY MATTERS

DECODING LEADERSHIP – WHAT REALLY MATTERS

Telling CEOs these days that leadership drives performance is a bit like saying that oxygen is necessary to breathe. Over 90% of CEOs are already planning to increase investment in leadership development because they see it as the single most important human- capital issue their…

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SET GOALS AND ACHIEVE THEM

SET GOALS AND ACHIEVE THEM

To achieve you need to take action  Now is the time to create a positive mindset, where you are constantly on the look-out for opportunities. It’s difficult to identify opportunities if you aren’t looking for them, and all but impossible if you do not believe…

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